LONDON — After confirming vehicle prices are 10% to 12% more in the U.K., the government says it will introduce measures to cut costs in the new car market. Early in the year, the Competition Commission gave Trade and Industry Secretary Stephen Byers a 1,200-page report that said U.K. carbuyers are paying up to 35% more for cars and trucks than consumers on continental Europe. After releasing the report, Byers said U.K. private vehicle buyer are paying an extra £1,100 (US$1,737) on the ...

Premium Content (PAID Subscription Required)

"U.K. government will lower prices" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For pricing and subscription information please contact
Lisa Williamson by email: or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.